Newsela, Inc. Strengths, Domain Expertise, and Key Differentiators
Newsela is an Instructional Content Platform that brings together engaging, accessible content with integrated assessments and insights to supercharge reading engagement and learning in every subject. Content on Newsela covers topics students care about, that connect to the core curriculum, and are aligned to standards. Articles are accessible to every student in a class, regardless of reading ability. Additionally, many articles available in both English and Spanish.
Newsela, Inc. Recent Developments
In August 2019, Newsela integrates with Schoology and other LTI-configured Learning Management Systems which is a significant step for interoperability for Newsela's students and teachers. In March 2019, TCV invests $50 million in a Series C round of Newsela, which offers an instructional content platform containing news and nonfiction articles at various reading levels.
Newsela, Inc. Mergers and Acquisitions (M&A) Activities
In October 2021, Newsela acquired HapYak, an interactive video software business for the enterprise.
Newsela, Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Newsela, Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Newsela, Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Newsela PRO, Newsela ELA, Newsela Social Studies, Newsela Science customers.
Newsela, Inc. Overview
Ownership: - x
Number of Employees: 650
Key Verticals: Education,
Newsela, Inc. Key Enterprise and Cloud Applications
Newsela PRO, Newsela ELA, Newsela Social Studies, Newsela Science
Newsela, Inc. Revenues, $M:
|Type/Year||2019||2020||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Newsela, Inc. Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Newsela, Inc. Enterprise Applications Revenues By Functional Markets, $M:
Newsela, Inc. Enterprise Applications Revenues By Verticals, $M:
Newsela, Inc. Revenues By Region, $M
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 Enterprise Applications Revenues, $M||2020 Cloud Applications Revenues, $M|
Newsela, Inc. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Newsela, Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Newsela, Inc. Customers: x
No. of Newsela, Inc. Enterprise Applications Customers: x
No. of Newsela, Inc. Cloud Customers: x
No. of Newsela, Inc. Cloud Subscribers: 27000000
Among Newsela customers are 90 percent of U.S. K-12 schools where teachers and students are using Newsela for content that’s personalized to student interests.
Newsela, Inc. Market Opportunities, M&A and Geo Expansions
In February 2021, Newsela raised $100 million in a Series D round. The financing was led by new investor Franklin Templeton, and brings Newsela’s valuation to $1 billion. The new round is larger than the aggregate of Newsela’s prior capital raised to date.
In March 2019 Newsela has raised $50 million in a Series C round of funding led by TCV. The New York-based startup said that it plans to use the money to get more penetration within the schools where it is already being used, as well as continue expanding the subject areas that it covers.
In a time when Digital Platforms Leading the Future of Ed-Tech and when schools look for new ways to cut costs and at the same time reboot their curriculum to better tap new innovations and improved understandings of how children learn, e-learning startups are attracting attention, both from educators and the VCs, Newsela can expand their work and increase their sales.
Newsela, Inc. Risks and Challenges
K-12 schools limited budgets and expanding beyond the US market is a challenge.
Newsela, Inc. Ecosystem, Partners, Resellers and SI
Newsela partner with over 100 content companies in publishing to bring content to students. Among Newsela partners are The Smithsonian Institute, The New York Times, Washington Post, USA Today, The Guardian, Creative, Encyclopedia Britannica, Associated Press, New York Media, WikiHow, Bloomberg, ZINN Educational Project, Atlas Obscura, and many others. Among Newsela integration partners are Clever, Canvas, Google Classroom, Schoology, IMS Global, ClassLink, BetterLesson, and others.
Newsela, Inc. Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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